Albert Soto
True Inmobiliaria
(657) 279-5316
91 Total Sales
1 in Cambodia Town
$580,000 Price
1432 Gaviota Ave Long Beach, CA 90813
Cambodia Town Neighborhood
1
Bed
10
Baths
3,616
Sq Ft
6,532
Sq Ft Lot
Highlights
- Laundry Facilities
- Wall Furnace
- 1-Story Property
- Long Beach Polytechnic High School Rated A
About This Home
As of December 2025Now available in one of Long Beach’s most affordable and high-demand rental neighborhoods, this charming 10-unit Spanish-style apartment building offers a rare blend of character and cash flow. The property features (9) studio units and (1) 1-bedroom/1-bath unit along with a convenient on-site laundry room. With a strong annual gross income of $187,260 and an attractive 6.2% cap rate, this asset presents an excellent opportunity for investors seeking stable returns in a supply-constrained rental market. 4 of the units currently pay RUBS which generates $490/mo. Don’t miss this chance to own a classic, income-producing property in a thriving Long Beach location.
Last Agent to Sell the Property
Sage Real Estate Group, Inc. Brokerage Phone: 562-896-3851 License #01950585 Listed on: 07/14/2025
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 6,532 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 3,616 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 1 Bedroom
- 10 Bathrooms
Utilities
- Wall Furnace
Listing and Financial Details
- Tax Lot 10
- Tax Tract Number 3794
- Assessor Parcel Number 7261015012
- $1,619 per year additional tax assessments
Community Details
Overview
- 10 Units
- Poly High Subdivision
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gardener Expense $960
- Insurance Expense $12,000
- Maintenance Expense $7,500
- Pest Control $960
- Professional Management Expense $10,520
- New Taxes Expense $20,875
- Operating Expense $74,670
- Gross Income $183,780
- Net Operating Income $103,521
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 13, 2026
Sold by
Bought by
Purchase Details
Listed on
Jul 14, 2025
Closed on
Nov 9, 2025
Sold by
Bought by
Seller's Agent
Cody Charnell
Sage Real Estate Group, Inc.
Buyer's Agent
Austin Carr
Realty One Group United
List Price
$1,670,000
Sold Price
$1,600,000
Premium/Discount to List
-$70,000
-4.19%
Views
7
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,470,000
Interest Rate
6.19%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 26, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Interest Rate
3.01%
Mortgage Type
Construction
Purchase Details
Closed on
May 3, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Apr 10, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
May 2, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
4.23%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 29, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
5.92%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 9, 2000
Sold by
Bought by
Purchase Details
Closed on
Sep 13, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.09%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 25, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.09%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 21, 1999
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Cambodia Town, CA
-
Albert Soto
-
Venny Saucedo
Venny Saucedo
eXp Realty of Greater L.A
(424) 349-4410
45 Total Sales
1 in Cambodia Town
$920,000 Price
-
Marvin Phillip
Marvin Phillip
Y Realty
(562) 740-8346
33 Total Sales
2 in Cambodia Town
$1,250,000 Price Range
-
Dave Chamberlain
Dave Chamberlain
Responds QuicklyTeam Chamberlain Realty Exe.
(657) 239-3671
133 Total Sales
1 in Cambodia Town
$632,500 Price
-
Michelle Carrillo
Michelle Carrillo
Responds QuicklyProfessional Realty Services
(424) 588-5489
31 Total Sales
1 in Cambodia Town
$750,000 Price
-
Feven Belay
FB
Feven Belay
Responds QuicklyThe Realestate Group
(424) 402-5774
12 Total Sales
1 in Cambodia Town
$850,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| $1,600,000 | Old Republic Title Company | ||
| $1,975,000 | Chicago Title | ||
| -- | Fidelity National Title Com | ||
| $1,400,000 | Fidelity National Title Comp | ||
| -- | Stewart Title Company | ||
| -- | -- | ||
| $250,000 | Old Republic Title Company | ||
| -- | Fidelity National Title Co | ||
| $175,000 | Fidelity National Title Co | ||
| $179,000 | American Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $1,470,000 | ||
| Previous Owner | $1,425,000 | ||
| Previous Owner | $1,320,000 | ||
| Previous Owner | $1,120,000 | ||
| Previous Owner | $1,120,000 | ||
| Previous Owner | $595,000 | ||
| Previous Owner | $178,000 | ||
| Previous Owner | $650,000 | ||
| Previous Owner | $45,000 | ||
| Previous Owner | $536,900 | ||
| Previous Owner | $60,000 | ||
| Previous Owner | $388,500 | ||
| Previous Owner | $120,000 | ||
| Previous Owner | $40,500 | ||
| Previous Owner | $205,000 | ||
| Previous Owner | $195,000 | ||
| Previous Owner | $180,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/03/2025 12/03/25 | Sold | $1,600,000 | -4.2% | $442 / Sq Ft |
| 09/08/2025 09/08/25 | Pending | -- | -- | -- |
| 07/14/2025 07/14/25 | For Sale | $1,670,000 | -- | $462 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $28,408 | $2,095,885 | $848,966 | $1,246,919 |
| 2024 | $27,173 | $2,054,790 | $832,320 | $1,222,470 |
| 2023 | $26,701 | $2,014,500 | $816,000 | $1,198,500 |
| 2022 | $25,061 | $1,975,000 | $800,000 | $1,175,000 |
| 2021 | $19,023 | $1,471,649 | $840,942 | $630,707 |
| 2019 | $18,751 | $1,429,300 | $816,000 | $613,300 |
| 2018 | $4,544 | $266,151 | $112,561 | $153,590 |
| 2016 | $4,199 | $254,568 | $108,191 | $146,377 |
| 2015 | $4,059 | $250,745 | $106,566 | $144,179 |
| 2014 | $4,089 | $245,834 | $104,479 | $141,355 |
Source: Public Records
Agents Affiliated with this Home
-
Cody Charnell
Seller's Agent in 2025
Cody Charnell
Sage Real Estate Group, Inc.
(562) 896-3851
1 in this area
53 Total Sales
-
Austin Carr
Buyer's Agent in 2025
Austin Carr
Realty One Group United
(562) 537-7496
1 in this area
23 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25157783
APN: 7261-015-012
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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